Ethena (ENA), has been gaining attention due to its potential to become a significant player in the blockchain space. Following its early gains, ENA has experienced some volatility, prompting investors to look ahead at its price prospects.
Celestia (TIA) is an innovative Layer-1 blockchain network that aims to solve key scalability and flexibility challenges faced by traditional blockchain systems. By separating its consensus mechanism from the data availability layer, Celestia enables developers to build highly customizable blockchains tailored to specific use cases.
According to Ethena Labs, the USDe stablecoin's exposure to Bybit via derivatives is more than offset by its reserve fund.
Ethena Labs has provided an update confirming that its unrealized PNL exposure to the hacked crypto exchange Bybit is now zero.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.
Here is how some of your favorite assets concluded the week.
Celestia (TIA) is an emerging blockchain project that aims to revolutionize the industry with its innovative modular architecture. Unlike traditional blockchains, which are monolithic, Celestia uses a modular approach to offer enhanced scalability and flexibility.
Ethena (ENA) has flashed a buy signal, offering potential for a price rebound after a period of decline. This signal comes from the TD Sequential indicator on the 12-hour chart, suggesting that ENA could see a price recovery.
ENA's charts flashed potential for recovery, but resistance levels will determine the sustainability.
Ethena's native token, ENA, is facing significant downward pressure after one of the token's major holders transferred 18 million ENA tokens, worth around $8.78 million, to Binance. This substantial transaction, which occurred on February 11, has caused a notable price drop for the token, with ENA experiencing a more than 10% decline in value over the past 24 hours.
ENA, the native token of Ethena—an Ethereum-based synthetic dollar protocol—has been the market's top loser over the past 24 hours. The altcoin trades at $0.42, plunging over 10% during that period.
Digital tokens suffered sudden dips as Bitcoin plunged beneath $95K after the US CPI data. While top altcoins XRP (-3.05%), Solana (-3.30%), and AVAX (-5%) reflected the dwindled sentiments, Ethena led the downside with an over 12% dip. Besides the worrying inflation figures, today's Ethena unlock intensified ENA's price plunge on the daily chart.
Blockchain analytics firm Lookonchain reports significant losses for a crypto trader involved in a decentralized finance (DeFi) project that recently saw a steep price correction.
Blockchain tracking firm Lookonchain says a crypto trader is looking at massive losses after one decentralized finance (DeFi) project underwent a severe correction.
Ethena just unlocked nearly 8 million tokens, but surprisingly, the unlock event had little impact on the price. On Feb. 12, Ethena (ETH) unlocked 7.93 million tokens, accounting for 0.25% of its total supply, with 65.
TIA jumps 10% to $3.43, but analysts predict a potential crash to $1.50 if key support levels fail.
In the crypto market, whales play a significant role. Fellow investors often follow the bigger holders for potential opportunities, which is why their decision could heavily impact a digital asset's price performance.
Ethena takes a big dive in 2025 as Ethereum loses its bullish momentum. However, the recent shift of crypto market sentiment teases a comeback in the ENA price trend.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
Binance co-founder Changpeng Zhao (CZ) has weighed in once again on the recent Test (TST) token saga calling the exchange listing process ‘broken'. Last week, after CZ shared a video tutorial featuring the Test Token, the TST price saw a sharp surge in a short period.
Ethena (ENA) has shown signs of potential recovery, despite recent challenges in the market. After a significant drop in price, ENA is now testing critical support levels, fueling speculation about the token's next move.
ENA is at a critical juncture, with key support and rising interest signaling potential for recovery.
Ethena (ENA) has been struggling recently, with bearish trends tightening their grip on the asset. Over the past 24 hours, ENA dropped by 6.5%, further deepening concerns about its future performance.
Despite ENA's significant price decline, analyst Ali Martinez identifies bullish signals on the 4-hour chart as Ethena prepares to launch its institutional iUSDe token.
Three tokens – Ethena (ENA), Dogwifhat (WIF), and Dogizen (DOGIZ) – are currently making headlines for their respective price movements. ENA and WIF are grappling with significant market volatility, while DOGIZ is experiencing a surge in price in its ongoing presale ahead of its anticipated exchange listing. Ethena (ENA) dips below $0.
Ethena's A/D indicator has been steadily falling since December. The lack of consistent buying volume reflected the absence of bullish conviction.
Ethena price has crashed by 57% from its highest level in December as sentiment in the crypto industry weakened. Ethena's (ENA) decline has mirrored that of most altcoins.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
Ethena (ENA) has faced significant price declines recently, leaving many investors wondering if the altcoin can turn things around. With a drop of 14% in just 24 hours and a continued bearish trend, ENA has been caught in a downward spiral.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
An influx of short positions in the market, while bearish, could lead to a short squeeze scenario that fuels an uptrend.
The crypto market is in the red today as Bitcoin fell below the $98,000 support level. Altcoins suffered the wrath of these bearish conditions as losses piled up, resulting in multiple new lows.
The crypto market started the week on a bearish note, with Bitcoin slipping below $98,000 during today's intraday low. This downward pressure has extended to altcoins, many of which are experiencing significant corrections.
Celestia (TIA), a modular blockchain project, has recently caught the attention of seasoned crypto trader, The Flow Horse, who believes the asset might be poised for a significant breakout. Known for making accurate market calls, The Flow Horse shared his thoughts in a recent Telegram channel update, indicating that TIA could be gearing up for an upward trend after forming a bottom structure over the past six months.
The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.
Ethena (ENA) has caught the attention of investors and analysts alike, as the cryptocurrency's price bounces from a key Fibonacci retracement level, positioning the token for a potential surge. After hitting a crucial support zone, ENA is showing bullish signs, with key targets of $1.63, $2.15, and $2.61 now within reach.
The altcoin space plummeted over the past day as Donald Trump failed to comment on cryptocurrency during the inauguration ceremony. While most assets endured significant declines, TRUMP (Official Trump), Dogecoin, and Ethena attracted attention due to separate post-inauguration events. Let us find out more.
The cryptocurrency market is rife with paradoxes, and the recent Ethena price movements paint a picture of such a conundrum. Currently trading at $0.8526, Ethena (ENA) has experienced a 7.5% drop in the last 24 hours, positioning it at a lower price point than its recent highs.
Bitcoin (BTC) has registered a notable decline after surging to a new all-time high on Monday. BTC rose sharply on Monday to register a new all-time high of $109,114 in the lead-up to Donald Trump's inauguration.
Immediately after Trump's inauguration ceremony, World Liberty Financial spent $110 million in stablecoin to purchase various crypto.
ENA surges from key Fibonacci 0.618 level! Analysts predict explosive targets at $1.63, $2.15, and $2.61.
The team behind President Donald Trump's crypto operations is on an aggressive accumulation spree of crypto assets before and during the 2025 inauguration ceremony.
World Liberty Financial has ramped up its investment activity, spending $109.1 million across six cryptocurrencies in a single day. The fund allocated $47 million within the past hour to acquire 7,022 ETH worth $23.5 million, 174.1 WBTC for $18.8 million, and 5.037 million ENA tokens valued at $4.7 million.
World Liberty, backed by Trump, acquired $70M in ETH, LINK, AAVE and TRON, significantly boosting its portfolio to $325M. The post Trump-backed World Liberty buys $70M in ETH, TRX, LINK, AAVE, and ENA appeared first on Crypto Briefing.
Donald Trump-affiliated project World Liberty has diversified its treasury even further with these recent token purchases.
Ethena's (ENA) price has recently experienced increased volatility, with large holders, or whales, driving significant sell-offs. Despite a brief surge in price over the past 24 hours, the asset's overall bearish sentiment continues to dominate, putting ENA at risk of further declines, potentially even below $0.7.
BitMEX's Arthur Hayes has once again caused a stir across the cryptocurrency landscape, primarily with his statements amid the new Donald Trump meme coin launch. Notably, the BitMEX co-founder spotlighted the TRUMP token launch, calling it the start of a “political memecoin market.